Tirupur Exporters’ Association (TEA), India’s leading readymade/ knitwear cluster, has reported a 8.3% growth in its exports at Rs 26,000 crore in fiscal 2019 compared to Rs 24,000 crore in the previous fiscal.
Textiles and readymade garment exports may see some recovery after a poor run of five years if exporters stand up to the challenges.
Mumbai: The Indian rupee Friday staged a strong comeback by regaining 25 paise to 69.35 against the US dollar after three sessions of losses amid sustained foreign fund inflows.
Startup India Push: Government's recent decision to further liberalise the Foreign Direct Investment (FDI) norms for more than 21 sectors has made life easier for the startups, SMEs and MSMEs.
MUMBAI – A sudden change in global market dynamics is likely to weigh on India's cotton exports this year. If the current trend is any indication, the world's top cotton producer may miss even the recently lowered target of 4.7 mln bales for the year ending September.
The goods and services tax (GST), introduced in India on 1 July 2017, replaced a host of indirect taxes being levied by the central and state governments, which has changed the taxation landscape.